Hi,Ditto Merry Christmas Alan

MTS Vs Random Entry - A Paradox

Hi,Free tick data from ratedata.gaincapital.com. Otherwise the only other source of tick data is olsen which is expensive. Best regards Alan

Custom backtesting code

Hi,I would say that if you "don't know" your expectancy then you are gambling. Based on my experience it is better to have more than 100 trades (preferably closer to 300 as suggested by Merlin) to determine the expectancy to separate market ...

Trading vs gambling

Hi, You can hedge by having a secondary/sub account in which you can make trades in the opposite direction to the main account. Email/ask oanda for details. Regards Alan

What exactly is 'scalping' ...?

Hi, There are many more experienced traders on this forum that can answer this more comprehensively than me but basically yes! This has already been discussed on this forum so have a search for the original discussion. Leverage is a powerful tool ...

Discussing MM

Hi,Apologies for not replying to your post sooner as I missed your reply. $2000 and $1/pip indicates a ratio of $1/pip for every $2000 you have in your account. "IF" you are trading at a constant percentage then as your balance increases then you ...

Simple trading method

Hi, Just a thought It's interesting that Randy McKay's method of 'rapidly reducing' percentage risk of the 'total portfolio' approximates trading at a 'constant high' percentage risk of a 'partial portfolio' as illustrated by Diallist ...

Two diff MM same result?

Hi, Thanks to DrRock for a great post on risk and leverage. I agree with everything except that the risk/drawdown/leverage should be applied to your 'portfolio' of 10,000 rather than the amount the in 'trading' account as mentioned by Merlin. Case 3 ...

Two diff MM same result?

Hi,Thank you for clarifying Best regards Alan

What do you mean by "Trader's Edge"?

Hi,I would be very interested in hearing your reasoning for 6 months. Is it personal experience? Best regards Alan

What do you mean by "Trader's Edge"?

Hi,It is good that the multiplexor money management strategy by FTP has ended up with '14,000pips' to date. However, it went from 20000 to 14000 in 3 trades. 30% DD in 3 trades 'in pips'. Also pips calculation is only a rough guideline that it ...

Simple trading method

Hi, In past performance http://www.forextrendpointer.com/multiplexing.php?pageNum_performance_chart=0&totalRows_performance_chart=136 the last 3 trades were taken at a max of 48 lots so going from 20000 to 14000. Basically 4 losers in a row with ...

Simple trading method

Hi,I too was puzzled initially. It took me a few minutes staring at the diagram to understand. You just need to try and follow the logic behind the numbers. Split each trade into 3 lots (parts) Stoploss 50pts 1 lot exit at +50 1 lot exit at +100 1 ...

Simple trading method

HiGreat results. Did you have a system for picking those two particular pairs as opposed to any other pairs. Also, do you have a system for changing the pairs if circumstance change? Best regards Alan

Currency Basket and Carry Trading

HiIt's not too bad. Plugin here http://www.amibroker.org/boards/viewtopic.php?t=1407 (near the bottom of the thread) Instructions are here http://finance.groups.yahoo.com/group/amibroker/files/ You need to follow the instructions carefully. Works ...

Anybody have esignal software

Hi, HeavyJ : It was on my list of systems to test. Bolt1 has a variation of that on MT. Scorpion: Thanks for the heads up. Saves me doing the testing Best regards Alan

Lost in the Tunnel...

Hi,I stand corrected. Would it be more correct to say you extolled the virtues of forex because it has high leverage and the only market to be in is forex because of its possible high leverage? For us on the forum who don't know anything about the ...

On Keeping An Open Mind

Hi,I would like to repeat my last post in your previous thread. I, and I think along with many others, would love to see you start a journal along the lines of xxDavidxSxx. What would be really impressive is if it also tracked the leverage and risk ...

On Keeping An Open Mind